Petroleum Engineer: United States vs South Korea
Side-by-side salary comparison Β· Estimated based on OECD & BLS data
πΊπΈ United States pays 64% more
United States
USD
Estimated Salary (USD)
$120,060
per year
Local Currency (USD)
$120,060
per year
PPP Adjusted
$107,397
purchasing power
Big Mac Power
21,100
burgers / year
Global Percentile
Top 0%
South Korea
KRW
Estimated Salary (USD)
$73,313
per year
Local Currency (KRW)
β©96,773,160
per year
PPP Adjusted
$155,487
purchasing power
Big Mac Power
14,901
burgers / year
Global Percentile
Top 45%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- β
Petroleum Engineers in United States earn 64% more than in South Korea (nominal USD).
- β
After adjusting for purchasing power (PPP), South Korea actually leads by 45%.
- β
Using the Big Mac Index, a Petroleum Engineer's salary buys 1.4x more Big Macs in United States.
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Frequently Asked Questions
Who pays Petroleum Engineers more: United States or South Korea?βΎ
United States pays Petroleum Engineers an estimated $120,060 USD per year, which is 64% more than South Korea's estimated $73,313 USD.
What is the PPP-adjusted salary for a Petroleum Engineer in United States vs South Korea?βΎ
The PPP-adjusted salary is $107,397 USD in United States and $155,487 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.
How does the purchasing power compare for Petroleum Engineers?βΎ
Using the Big Mac Index, a Petroleum Engineer in United States can buy about 21,100 Big Macs per year, while in South Korea it's about 14,901 Big Macs.
Estimated based on OECD & BLS data. Actual salaries vary by experience, company, and region. Data is for informational purposes only.
Sources: BLS OEWS Β· OECD Β· World Bank Β· Big Mac Index